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ADVANCED FINANCIAL STATEMENT ANALYSIS (1 DAY)
Analyzing financial statements is no easy task. In a world where some companies report results using International Financial Reporting Standards (IFRS), others report using U.S. GAAP and still others report using Accounting Standards for Private Enterprises (ASPE), this task is becoming more and more challenging. Financial statements are froth with managerial judgment and it is difficult to assess the financial health of an organization or compare companies based on numbers alone.
This seminar focuses on how to analyze financial statements, particular the lesser known techniques which are becoming more and more important when comparing IFRS, GAAP, or ASPE reporting. It will review the right situations in which to use straightforward financial ratio analysis and will also address adjustments which must be made to statements prior to the use of ratios so that the financial analysis techniques are applied effectively. Finally, it will highlight other measures which must be taken into account to arrive at a detailed assessment of a company’s financial health.
- Challenges to financial statement analysis due to IFRS/ASPE
- Refresher on financial analysis techniques
- Advanced ratio analysis
- Dupont Analysis
- Altman’s Z-score
- Springate Z-score
- Financial Predictors of company bankruptcy
- Challenges and adjustments in analysis
- Fixed Assets
This workshop is highly interactive and hands-on. Participants will analyze real company financial statements and attempt the exercises to learn through doing. It is helpful but not mandatory to have an understanding of financial ratio analysis prior to attending this seminar. It is highly recommended that participants bring a calculator with them to obtain maximum benefit.
Who will benefit
This course will benefit financial professionals who would like to enhance their abilities to read and evaluate the health of financial statements. It will appeal to accounting and finance managers, senior managers, directors, analysts, senior analysts, VP of Finance, and CFOs. It will also be of interest to users of financial statements, such as bankers, non-financial managers seeking financing, or equity analysts.